New York (CNN) -- A guitar once owned by music
legend Bob Dylan sold for $965,000 Friday at Christie's, setting a new
world auction record for any guitar, according to a statement from the
auction house.

The 1964 Fender Stratocaster was purchased by an unidentified bidder, said a Christie's spokesperson.

Dylan, now 72, played the
electric guitar in his famous performance at the Newport Folk Festival
in 1965, during which he was backed by an electric band for the first
time, according to the statement. He was 24 years, and on the road to
establishing himself as a music icon, the statement said.

"A tremendous amount of
international interest was generated at the time of the sale's
announcement, and today's result justifies the mythic status of this
guitar in the annals of music history," said Tom Lecky, Christie's
specialist and the sale's auctioneer....